that was mark carney. we can speak to sam alvis from the green alliance. they re a research organisation looking at environmental issues. thank you for being with us. a promise to rewire the entire global financial system. promise to rewire the entire global financialsystem. it promise to rewire the entire global financial system. it sounds really bold and brave, do you think it is? i think you have to recognise the uk is a massive financial centre and has a huge responsibility on this. the efforts rishi sunak is making on compelling organisations to see how they will get two net zero is world leading. the problem we have now is yes, transparency is fantastic and could help directors invest their money towards green solutions and away from fossil fuels but what we don t know yet is the policing. how will the government regulators will make sure businesses are publishing credible plans and are moving their money away fast enough that we know
perspective. president to make a few words on his perspeetive- - - perspective. let s go back to sam from the green perspective. let s go back to sam from the green alliance. perspective. let s go back to sam from the green alliance. having - from the green alliance. having heard rishi sunak there, the chancellor in glasgow, promising that green initiative. sam, from what you heard of him talking there this morning in glasgow, just to recap on where you think we are with these promises and what extent you think they can be enforced. what these promises and what extent you think they can be enforced. what we have heard there think they can be enforced. what we have heard there is think they can be enforced. what we have heard there is the think they can be enforced. what we have heard there is the uk think they can be enforced. what we have heard there is the uk will- think they can be enforced. what we have heard there is the uk will go i have heard there is the uk will go
has made this initiative or was it something you think has been in the pipeline for quite a while? i something you think has been in the pipeline for quite a while? pipeline for quite a while? i mean, it s ireat pipeline for quite a while? i mean, it s great to pipeline for quite a while? i mean, it s great to see pipeline for quite a while? i mean, it s great to see rishi pipeline for quite a while? i mean, it s great to see rishi sunak- pipeline for quite a while? i mean, it s great to see rishi sunak on i pipeline for quite a while? i mean, j it s great to see rishi sunak on the pledge when it comes to climate. we have had more disappointing results in his budget that he did last week. he has tended to shy away from climate but we know he is on home turf talking about green finance and he likes to act there. there has been a lot of pressure from private companies and from the environmental sector to say the disclosure regime is not working, can we go further? the treasury eve
The package will see trillions of pounds of assets controlled by the City of London redirected away from carbon-intensive sectors towards initiatives such as electric car batteries.